Market update ✍️:
Altindex have been exactly rejected from our resistance of 671.978B and Now alts are taking a pullback
Longs are still cautious yet
*Next support levels are 648.37B and 634.569B, mark these levels in your charts, if takes supports, thats the point to add in dips for alts*
We get a good picture always post weekly close not before it.
Hence, we would have a detailed update tomorrow post today's closing.
Anyway,
*If btc closes above 69.5k today, is bullish*
*If btc closes above 70k, its very bullish*
HTF is still bullish, *only in ltf, we are having a pullback*
Next week, we have only fomc minutes as major event but its not Fomc meeting just minutes of a dovish fed which means it would only be a positive event
Lets tune in market again tommorow and lets see where it takes it.
Stay tuned.
PS : After CPI Prediction, we have now predicted, fomc minutes event to do well, neutral and positive for markets again. Let’s see, if we can continue our 100% accuracy in fundamental updates too👊🏻
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